Inverclyde Businesses get £5.4m cash support through crisis

SNP MSP Stuart McMillan has welcomed new figures showing that 481 businesses in Inverclyde have received Scottish Government grants to support firms through the coronavirus crisis.

Inverclyde Council has awarded a total of £5.4m through a Scottish Government scheme to support small businesses and the retail, hospitality and leisure sector.

This grant support is worth over £1 billion to business, and is part of the wider business support package worth £2.3 billion.

So that funding can be distributed as quickly as possible, eligibility for the grant scheme is linked to the non-domestic rates system.

Commenting, Stuart said:

“This is a very difficult time for businesses.

“This Scottish Government funding is designed to support firms and ensure that our economy is on the best possible footing when we get through this health crisis.

“Our support for business is now worth £2.3 billion, which is more than we have received from the UK Government and actively works to fill the gaps in the UK schemes with tailored support for the Scottish economy.

“I encourage all businesses in Inverclyde to ensure they are receiving the support they’re entitled to.

“Please don’t hesitate to contact my office if you require advice or assistance in obtaining support.”

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